The Practice of Ignoring Pay Discrepancies Between Particular Jobs Possessing

question 52

Multiple Choice

The practice of ignoring pay discrepancies between particular jobs possessing equivalent duties and responsibilities is known as

• A) discrimination.
• B) exceptioning.
• C) the gender gap.
• D) comparable worth.

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Definitions:

Manufacturing Companies

Businesses that produce finished goods from raw materials through the use of labor, machines, tools, and chemical or biological processing.

Cost Concept

An accounting principle that dictates that all assets are recorded and reported at their original purchase cost rather than their current market value.

Owner's Equity

The residual interest in the assets of a business after all liabilities have been deducted, often referred to as net assets or shareholder equity.

Assets

Resources owned by a business with future economic benefits.